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Address
1650 Baytree Road Valdosta, GA
Price
$ 2,275,000
Property Attributes
  • MLS#124201
  • TypeCommercial
  • CountyLOWNDES
  • CityValdosta
  • Area1-N of Baytree Rd to W Oak St
  • NeighborhoodBaytree
  • Zip31602
  • StyleRetail
  • Year Built2006
  • Taxes$ 16578
  • Price$ 2,275,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage9229
  • Lot Size1.03 Acres
Listing Provided Courtesy Of:
FIRST COMMERCIAL REAL ESTATE
Data Source:
South Georgia MLS (SGMLS) - 411 - GA
Property Description

Ultra-rare chance to buy a turnkey & triple-net leased retail strip center at 100% occupancy! Village on Baytree has a balanced mix of long term national and proven local tenants all on NNN leases. Constructed in 2006 with 6 retail spaces ranging from 1500 - 1692 sf. Little Caesar's, Sports Clips, Burger IM, Southern Sensation Boutique, Cove Outfitters, & Nails 4U Salon. Unmatched visibility, synergy and aesthetics for both the center and tenants at this 1.03 acre site. Excellent location on Baytree Road (18,900 AADT) - the major commercial & retail corridor connecting I-75 and Valdosta State University (12,300 enrollment) - each less than 1 mile away! Valdosta / Lowndes County is the retail and business hub market for south Georgia and north Florida. 7.3% going in cap rate based on 2020 actual financials with rent escalations & options to raise the cap rate moving forward!

Price History
2/9/2021 Listed $2,300,000
6/9/2021 2% - $2,275,000

General Features

Access City Road
Business Type Retail
Construction Other, Frame
Cooling Central Electric
Exterior Features Other-See Remarks
Foreclosure Not Applicable
Heating Central Electric
Interior Features Other-See Remarks
Total Sq Ft 9229

Interior Features

Electricity Other-See Remarks

Exterior Features

Acreage 1.0350
Number of Parking Spaces 40.00

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 31602

Price
AVG $590K
$2.28M
Taxes
AVG $4,777
$16,578
Visits
AVG 20
35
Year Built
AVG 1983
2006
Walkscore
AVG 49
61
Data Provided by Walkscore ® not using MLS data

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